Estate Planning and Administration
Estate Planning Attorneys in Southeastern, PA
Our attorneys in the Estate and Trust practice of Kozloff Stoudt, located in Berks County, PA, concentrate on estate planning, probate and non-probate administration, general trust law, special needs planning, non-profit organizations and related areas of taxation. We offer services in key areas that cover a broad range of needs for our Pennsylvania clients.
Advising to executors, trustees and other fiduciaries constitutes one side of our real estate attorneys practice. Another focuses on helping individuals with the personal, practical and legal aspects of preserving, managing and transferring wealth through planning and counseling. We are involved with fiduciaries and fiduciary litigation, including issues related to tax exempt entities and foundation clients. However, even in this time of specialization, we still fill the traditional role of family counselor by focusing on the human aspect of legal questions.
Wealth Management
Our real estate attorneys develop sophisticated estate and wealth preservation plans for individuals and families. Such plans reduce potential tax burdens within the context of the client’s overall estate planning objective. We tailor advanced planning vehicles when appropriate for a client, including specialized trusts, family-limited partnerships, limited liability companies and private charitable foundations.
Employee benefits often are at the core of an executive’s wealth. We frequently work with these executives on estate planning for stock option plans; employee stock ownership plans (ESOPs), retirement benefits, compensation plans, restricted stock and fringe benefits, and compliance with relevant securities law.
With private and closely held companies, thoughtful, creative estate planning is required to achieve the client’s objectives. We counsel owners of these businesses on alternatives for transferring ownership and control to the next generation and in solving liquidity concerns associated with estate taxes. As the PA and federal tax laws change, we develop new techniques for the smooth transfer of management and ownership. Our lawyers have recapitalized corporations and established partnerships that facilitate the transfer of the older generations’ business interests, thereby insulating substantial asset value from federal and state death taxes.
Our firm can advise clients with unusual assets such as art or other collections, closely held business interests or real estate held for development. At Kozloff Stoudt, our attorneys can also serve as executors or trustees when appropriate.
Above all, we will deliver trust and estate services as effectively, efficiently and economically as possible. To this end, we will staff a given matter with a team of one or more of our senior attorneys, associates and paralegals in order to deliver outstanding services at an efficient price. Contact our offices in Wyomissing, PA.